Tuesday, February 9, 2010  
 
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Due to the unprecedented volatility of the grain markets, we will only be buying grain and pricing New Crop Contracts during trading hours. This will be Monday thru Friday, 9:30AM-1:00PM.


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Local Conditions
Meade, KS
Chg Zip Code: 
Temp: 21oF Feels Like: 12oF
Humid: 63% Dew Pt: 10oF
Barom: 30.26 Wind Dir: NW
Cond: Cloudy Wind Spd: 8 mph
Sunrise: 7:38 Sunset: 6:17
As reported at LIBERAL, KS at 12:00 AM
 
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Meade, KS
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Local Forecast
Meade, KS

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High: 26oF
Low: 6oF
High: 35oF
Low: 15oF
High: 38oF
Low: 21oF
High: 45oF
Low: 22oF
High: 45oF
Low: 25oF
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DTN Weather Summary
Snow From S.Plains to Midwest
Bryce Anderson (Bio) – DTN Meteorologist

Light snow will cover the Southern Plains through western and northern Midwest Monday. We may also see some freezing precipitation in the Southern Plains. » More DTN Weather Commentary

Posted at 5:36AM Mon Feb 8, 2010 CST

DTN Market Matters Blog
Merchants Hike Bids Monday
Pat Hill (Bio) – DTN Markets Blogger

Higher cash grain bids showed up at elevators and terminals Monday, as merchandisers tried to meet demand. [Read and Comment on Full Blog]

Posted at 7:26PM Mon Feb 8, 2010 CST

Quote of the Day


"Happiness is as a butterfly which, when pursued, is always beyond our grasp, but which if you will sit down quietly, may alight upon you."

~ Nathaniel Hawthorne,  (1804 - 1864), American writer


Did You Know?

In 1955 the USDA released the roma tomato. It is still main variety used for making tomato paste


Fact courtesy of the USDA


Upgrading China Soy Logistics
2/05 2:41 PM
China's plans to reform its grain transportation system to handle bulk commodities may initially be more beneficial to imported grains than to Chinese farmers.
Newsom on the Market
2/05 2:39 PM
Freezing temperatures in Florida, ice storms in the South, warmer weather in Alaska than in the U.S. Midwest, the Saints in the Super Bowl... yes, these are strange days indeed.
Crop Insurance: A Vital Marketing Tool
2/05 2:37 PM
Crop insurance can play a role in a marketing plan.
Sanow's Market Sense
2/04 3:06 PM
Many analysts have declared the corn market dead and buried due to a bearish supply and demand situation, with some predicting a return to loan values. However, it may be a bit premature to throw dirt on the coffin.




 
DTN Market News
Merchants Hike Bids Monday
DTN Early Word Grains 02/08 07:18
DTN Midday Grain Comments 02/08 11:55
DTN Closing Grain Comments 02/08 14:36
DTN Cattle Close/Trends 02/08 15:15
DTN Early Word Opening Livestock 02/08 05:33
DTN Midday Livestock Comments 02/08 12:03
DTN Closing Livestock Comments 02/08 16:37
DTN Chart Technical Points 02/08 15:00
DTN Feeder Pig Index

DTN Cash Bid Updates
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Quotes
 
W - WHEAT - CBOT
  High Low Last Chg
Mar 487'2 479'0 484'0s 10'6
May 499'0 494'0 499'0s 11'0
Jul 514'6 510'4 511'4s 11'0
 
@KW - WHEAT - KCBT
  High Low Last Chg
Mar 498'0 495'2 495'4 0'0
May 507'4 507'0 507'0 -0'4
Jul 519'2 519'2 519'2 1'0
Sep 530'6 530'4 530'4 0'2
Dec 547'6s 11'2
Mar 565'2s 11'6
May 576'6s 11'6
Jul 584'4 582'0 582'0 -2'0
Sep 593'0s 11'6
Dec 610'0s 11'6
Mar
Jul 640'0s 11'6
 
C - CORN - CBOT
  High Low Last Chg
Mar 362'0 354'6 356'0s 4'4
May 372'6 366'2 367'4s 4'4
Jul 382'0 376'6 377'4s 4'4
Sep 388'6 383'6 384'4s 4'2
Dec 395'2 390'0 391'0s 4'0
Mar 406'6 401'4 403'0s 4'0
May 412'2 412'2 410'0s 3'4
Jul 415'2 415'2 415'4s 4'4
Sep 411'4s 3'0
Dec 410'6 410'6 408'4s 4'0
Mar 415'4s 4'0
May 421'4s 4'0
Jul 426'4s 4'0
Sep 418'4s 3'4
Dec 411'6 411'6 410'4s 3'0
Jul 428'4s 6'0
Dec 420'4s 3'0
 
@C - CORN - CBOT
  High Low Last Chg
Mar 357'6 354'6 357'4 1'4
May 369'0 366'2 368'6 1'2
Jul 379'0 376'4 378'6 1'2
 
S - SOYBEANS - CBOT
  High Low Last Chg
Mar 939'4 925'0 929'4s 16'0
May 948'0 936'4 940'0s 15'6
Jul 956'0 945'0 948'0s 15'2
Aug 944'0s 15'2
Sep 928'2s 14'0
Nov 918'0 913'0 914'4s 11'0
Jan 927'0 921'0 923'4s 10'6
Mar 931'4s 10'6
May 934'0s 11'4
Jul 939'4s 11'4
Aug 938'0s 11'4
Sep 931'0s 10'0
Nov 930'4s 9'4
Jan 936'4s 9'4
Mar 938'2s 9'4
May 938'2s 9'4
Jul 943'4s 9'4
Aug 938'2s 9'4
Sep 938'2s 9'4
Nov 929'6s 9'4
Jul 942'6s 9'4
Nov 933'6s 9'4
 
@S - SOYBEANS - CBOT
  High Low Last Chg
Mar 933'6 927'4 933'6 4'2
May 944'0 938'0 943'6 3'6
Jul 952'4 945'6 952'0 4'0
 
FN - NATURAL GAS BALANCING PT - IPE
  High Low Last Chg
Mar 37.300 36.500 36.830s 0.040
Apr 34.610 34.350 34.450s - 0.070
May 32.860 32.700 32.800s - 0.010
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Feb 87.950 87.150 87.675s 0.250
Apr 91.200 90.400 90.800s 0.400
Jun 88.625 87.950 88.450s 0.350
 
@GF - FEEDER CATTLE - CME
  High Low Last Chg
Mar 99.525 99.300 99.525 0.300
Apr 100.350 100.350 100.350 0.325
May 101.600 101.375 101.525 0.125

DTN Top Stories

Market analysts expect USDA to reduce its estimates of U.S. corn, beans, grain sorghum and wheat ending stocks in Tuesday's Supply and Demand report, which means U.S. ending stocks may have already seen their most bearish numbers in January. See DTN Ag News. BUSDA Report Preview...

A few new actives, and some new premixes, lead the list of corn weed control products for the 2010 season. See DTN Ag News. BNew Herbicides - 1...

The Rally da Safra, a tour of Brazilian soybean fields, started Jan. 25 and will end March 22. DTN South America Correspondent Kieran Gartlan is traveling with the tour this week. See DTN Ag News. 4^Mato Grosso Beans Look Good...

By shrinking the subsidy, officials from the U.S. Agriculture Department hope to discourage loggers and timber dealers from diverting pulp wood, saw dust and other material away from paper mills and companies that make composite wood panels used in cabinets and furniture. See DTN Ag News. :^Gov't Alters BCAP Subsidies...

Portions of the National Weather Service that have been studying climate, as well as offices from some other NOAA agencies, will be transferred to the new NOAA Climate Service. See DTN Ag News. =^Climate Change Agency Forming...


This Day In History
February 9, 1943
German riots at "plutocratenzoontjes," 1,200 in Vught Camp

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